Alliance New York Municipal Income Fund Releases Monthly Portfolio Update
NEW YORK, June 29 /PRNewswire-FirstCall/ -- Alliance New York Municipal Income Fund, Inc. (NYSE: AYN) (the "Fund") today released its monthly portfolio update as of May 31, 2010.
Alliance New York Municipal Income Fund, Inc.
Top 10 Fixed-Income Holdings Portfolio % 1)New York St Mortgage Agy SFMR (New York St 9.64% Mortgage Agy) Series 01-29 5.45%, 4/01/31 2)Metropolitan Trnsp Auth NY Series 02A 5.125%, 4.95% 11/15/31 3)New York St UDC Series 02A 5.25%, 3/15/32 4.74% (Prerefunded/ETM) 4)New York NY GO Series 01B 5.50%, 12/01/31 4.71% (Prerefunded/ETM) 5)New York St Dormitory Auth (Maimonides Med 4.66% Ctr) NPFGC Series 04 5.75%, 8/01/29 6)New York NY Trst for Cult Res (Museum of 4.50% Modern Art) AMBAC Series 01D 5.125%, 7/01/31 7)New York NY Mun Wtr Fin Auth Series 02A 4.49% 5.125%, 6/15/34 8)Tobacco Settlement Fin Corp. NY (New York St 3.75% Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 9)Puerto Rico GO 5.50%, 8/01/28 3.73% 10)Puerto Rico Hwy & Trnsp Auth Series 02D 3.11% 5.375%, 7/01/36 (Prerefunded/ETM) Sector/Industry Breakdown Portfolio % Prerefunded/ETM 24.17% Housing - Single Family 11.06% Health Care - Not-for-Profit 8.52% Water & Sewer 7.99% Special Tax 7.31% Toll Roads/Transit 5.63% Revenue - Miscellaneous 4.50% Money Market 4.32% Senior Living 4.04% Tax-Supported State Lease 3.75% Higher Education - Private 3.12% Housing - Multi-Family 2.93% State G.O. 2.33% Assessment District 2.24% Industrial Development - Airline 2.22% Local G.O. 2.01% Electric Utility 1.94% Insured 1.16% Primary/Secondary Ed. - Private 0.31% Health Care - Municipal 0.27% Tax-Supported Local Lease 0.18% Total 100.00% State Breakdown Portfolio % New York 82.02% Puerto Rico 12.69% Florida 2.90% California 1.27% Colorado 0.36% Illinois 0.28% Pennsylvania 0.25% Ohio 0.23% Total 100.00% Credit Quality Breakdown Portfolio % AAA 50.74% AA 20.27% A 21.93% BBB 3.05% BB 3.12% B 0.89% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 17.1% Average Coupon: 5.0% Percentage of Leverage: Bank Loans: 0.00% Investment Operations: 3.72% Preferred Stock: 36.51% Total: 40.23%* Avg. Maturity: 5.58 Years Duration: 3.83 Years Total Net Assets: $111.7 Million** Common Stock Net Asset Value: $14.69 Number of Holdings: 64
* The total percentage of leverage constitutes 36.51% in issued and outstanding preferred stock and 3.72% in investment operations, which may include the use of certain portfolio management techniques such as tender option bonds, credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
** Includes 40,800,000 of preferred stock at liquidation value.
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.
SOURCE Alliance New York Municipal Income Fund, Inc.
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